15% of 100: Understanding the Calculation
What is 15% of 100?
To find 15% of 100, we need to calculate the percentage of the given number. In this case, we want to find 15% of 100.
The Calculation
To calculate 15% of 100, we can use the following formula:
(15/100) × 100 = ?
To solve this, we can first convert the percentage to a decimal by dividing by 100:
15 ÷ 100 = 0.15
Then, multiply the decimal by the number:
0.15 × 100 = 15
The Answer
So, 15% of 100 is equal to 15.
Real-World Applications
Understanding percentages is crucial in various aspects of life, such as:
Finance
- Calculating interest rates on loans or investments
- Determining discounts on products
- Understanding taxes and tariffs
Business
- Analyzing sales growth or decline
- Determining profit margins
- Creating marketing campaigns
Everyday Life
- Calculating tips at restaurants
- Understanding nutritional labels
- Determining discounts on purchases
Being able to calculate percentages quickly and accurately can help you make informed decisions in various situations.